Ningbo Zhoushan Port Company Limited operates a container ocean trunk port in China. Its terminals include container facilities, an iron ore terminal, a crude oil terminal, liquid chemical raw material handling, a coal transshipment, storage and transportation base, and cruise terminal services. The company also provides port services such as pilotage, ship tally, container loading and unpacking, cargo measurement, solid bulk cargo sampling, and cargo damage and container inspection, along with sea-rail logistics, shipping agency, freight forwarding, warehousing, customs declaration and freight collection. It was formerly known as Ningbo Port Co., Ltd. and changed its name to Ningbo Zhoushan Port Company Limited in August 2016. Founded in 2008 and based in Ningbo, China, it operates as a subsidiary of Ningbo Zhoushan Port Group Limited.
Ningbo Port's 2026 interim net profit was 2.543 billion yuan, down 2.12% year on year
Ningbo Port released its 2026 interim report. Total operating revenue was 16.873 billion yuan, up 12.76% year on year, marking a third consecutive year of growth. Net profit attributable to the parent company was 2.543 billion yuan, down 2.12% year on year. Net cash inflow from operating activities was 1.82 billion yuan, a sharp year-on-year decline of 81.02%. The company's asset-liability ratio was 26.78%, gross margin was 28.20%, return on equity was 3.12%, and diluted earnings per share was 0.13 yuan. Total asset turnover was 0.14 times, and inventory turnover was 15.55 times, up 20.37% year on year. The number of shareholders was 128,300, and the top ten shareholders held 89.79% of the total share capital.
601018.CG · Capital · Negative Ningbo Port's 2026 interim net profit fell 2.12% year on year to 2.543 billion yuan, with operating cash inflow down 81.02%.
Ningbo Port's net profit for the first half of 2026 was 2.543 billion yuan, down 2.12% year-on-year
Ningbo Port released its semi-annual report for 2026, achieving operating revenue of 16.873 billion yuan, up 12.76% year-on-year; net profit attributable to shareholders of the listed company was 2.543 billion yuan, down 2.12% year-on-year. The company plans to distribute a cash dividend of 0.31 yuan per 10 shares, tax included, to all shareholders. Based on calculations, net profit for the second quarter was 1.374 billion yuan, up 17% quarter-on-quarter.
Ningbo Ocean Shipping has completed its 2026 private placement of A-shares to specific investors, raising total proceeds of approximately 1.086 billion yuan. Controlling shareholder Ningbo Zhoushan Port and strategic investor Beibu Gulf Port each subscribed to half of the offering, with subscription amounts of about 543 million yuan each, for a total of 145.4 million shares issued. After the completion of this issuance, Ningbo Zhoushan Port and its subsidiary Zhoushan Port Affairs together hold 77.90 percent of Ningbo Ocean Shipping, and the Zhejiang Provincial State-owned Assets Supervision and Administration Commission remains the company's actual controller. The raised funds will be fully invested in container ship acquisition projects and container acquisition projects, with the ship acquisition project planning to add four 2,700 TEU container ships mainly serving Southeast Asian market routes. Ningbo Ocean Shipping and Beibu Gulf Port have signed a strategic cooperation agreement, under which the two sides will jointly open foreign trade routes and cooperate to build a multimodal transport product linking Beibu Gulf Port, Ningbo Zhoushan Port, and the world. In 2025, the company achieved operating revenue of 6.107 billion yuan, up 15.86 percent year on year, and net profit attributable to shareholders of the listed company of 654 million yuan, up 18.12 percent year on year.
Over 10 Shanghai-listed companies unveil Quality and Efficiency, Return Enhancement 2.0 plans
The first batch of demonstration cases under the Shanghai Stock Exchange's Quality and Efficiency, Return Enhancement 2.0 special initiative has been released, with more than 10 Shanghai-listed companies setting quantitative targets around core indicators such as revenue, profit, R&D, output, buybacks, and dividends, and disclosing specific plans. These companies include CRRC, Guangxi Guiguan Electric Power, Ningbo Zhoushan Port, Eastroc Beverage, Jinshi Resources, Sepax Technologies, Anhui Heli, Haier Biomedical, Jiangsu Expressway, Laobaixing Pharmacy, and Jointown Pharmaceutical. Among them, Ningbo Zhoushan Port has set a 2026 cargo throughput target of 1.25 billion tonnes and a container throughput target of 57.65 million TEU, both up from 2025 levels. Sepax Technologies, using 2025 as the base year, has proposed a 25% revenue growth target and a 33% net profit growth target for 2026. Haier Biomedical aims to raise the share of overseas revenue from 36% in 2025 to above 50% within three years, and to lift the contribution of M&A revenue from 30% to above 40%. Raising dividend payout ratios, increasing dividend frequency, and implementing shareholding increases and buybacks have also become common choices for many companies. Jinshi Resources and Haier Biomedical, among others, have rolled out three-year shareholder return plans covering 2026 to 2028. Ningbo Zhoushan Port, Guangxi Guiguan Electric Power, and Eastroc Beverage have respectively proposed 2026 dividend payout ratios of no less than 65%, 70%, and 80%. Jiangsu Expressway has specified a change from one dividend per year to two dividends per year, and Anhui Heli plans to increase dividend frequency through measures such as interim dividends. In addition, several companies have set quantitative targets for increasing the frequency and forms of investor communication, and have formulated ESG-specific goals and implementation paths. Ningbo Zhoushan Port has also proposed governance-related targets such as independent directors spending no fewer than 15 days on-site in 2026.
601018.CG · Capital · Positive Set 2026 cargo and container throughput targets and dividend payout ratio of no less than 65%.
601766.CG · Capital · Positive Company is part of the first batch of demonstration cases under the SSE's Quality and Efficiency, Return Enhancement 2.0 initiative, setting quantitative targets for revenue, profit, R&D, output, buybacks, and dividends.
603505.CG · Capital · Positive Company has rolled out a three-year shareholder return plan covering 2026-2028, which is part of the initiative.
603883.CG · Capital · Positive Company is included in the initiative and has set quantitative targets, likely including dividend and buyback plans.
605499.CG · Capital · Positive Company proposed a 2026 dividend payout ratio of no less than 80%, part of the initiative.
688139.CG · Capital · Positive Company aims to raise overseas revenue share and M&A revenue contribution, and has rolled out a three-year shareholder return plan, all part of the initiative.
Ningbo Port announced that it has received the Acceptance of Registration Notice from the National Association of Financial Market Institutional Investors. The registered amount for ultra-short-term financing notes is 3 billion yuan, and the registration quota is valid for two years from the date of the notice. The company may issue the notes in tranches within the registration validity period. Previously, Ningbo Port's 2025 annual shareholders' meeting had approved a proposal for a total debt financing quota of 40 billion yuan for 2026. The 3 billion yuan ultra-short-term financing notes registered this time are part of that overall quota.
CMST Development, Ningbo Port, and Others Jointly Establish Operations Management Company with Registered Capital of 500 Million Yuan
Recently, Ningbo Meishan Sanse Operations Management Company Limited was established with a registered capital of 500 million yuan. Its business scope includes sales of non-ferrous metal alloys, internet sales, and metal material sales. According to Qichacha equity penetration data, the company is jointly held by CMST Development, Ningbo Port, and others.
Ningbo Port expects container throughput of 27.691 million TEUs in first half, up 8.7% year-on-year
Ningbo Port announced that in the first half of 2026, it expects cumulative container throughput to reach 27.691 million TEUs, an increase of 8.7% year-on-year. Cumulative cargo throughput is expected to reach 607.297 million tonnes, up 1.1% year-on-year. In June alone, the company expects container throughput of 4.663 million TEUs, up 2.6% year-on-year, and cargo throughput of 96.194 million tonnes, down 5.0% year-on-year.